Tetra Tech Reports 8% Revenue Growth in Q1

Written by Emily J. Thompson, Senior Investment Analyst

TTEK+3.02%

Source: Yahoo Finance

Updated: 10h ago

0mins

Source: Yahoo Finance

Revenue Growth: Tetra Tech reported a net revenue of $987 million for Q1, reflecting an 8% year-over-year increase, demonstrating strong market performance driven particularly by international business growth.
Profitability Improvement: Operating income rose by 12% to $131 million, with adjusted EPS at $0.34, up 17% from the previous year, indicating successful cost control and efficiency enhancements within the company.
Strong Financial Position: The company maintains a net debt of approximately $565 million with a leverage ratio of 0.86, a 20% decrease from the previous year, providing a solid financial foundation for future strategic investments and acquisitions.
Guidance Outlook: Tetra Tech's guidance for Q2 2026 revenue is set between $975 million and $1.025 billion, with full-year revenue expectations of $4.15 billion to $4.3 billion, reflecting management's confidence in future growth despite potential risks from government shutdowns.

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TTEK

$38.22+Infinity%1D

Analyst Views on TTEK

Wall Street analysts forecast TTEK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TTEK is 48.00 USD with a low forecast of 48.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Analyst Rating

3 Buy

1 Hold

0 Sell

Strong Buy

Current: 37.100

Low

48.00

Averages

48.00

High

48.00

Current: 37.100

Low

48.00

Averages

48.00

High

48.00

CJS Securities

NULL -> Outperform

initiated

$11.50

2025-12-11

Reason

CJS Securities

Price Target

$11.50

AI Analysis

2025-12-11

initiated

NULL -> Outperform

Reason

CJS Securities initiated coverage of Tetra Technologies with an Outperform rating and $11.50 price target.

RBC Capital

Outperform

maintain

$47 -> $48

2025-11-14

Reason

RBC Capital

Price Target

$47 -> $48

2025-11-14

maintain

Outperform

Reason

RBC Capital raised the firm's price target on Tetra Tech to $48 from $47 and keeps an Outperform rating on the shares after its Q4 earnings beat. The company's in-line FY26 guidance is also likely a "conservative starting point" given Tetra Tech's strong track record, the analyst tells investors in a research note. With leverage at 0.9 exiting Q4, the company has flexibility on M&A, RBC added.

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About TTEK

Tetra Tech, Inc. is a global provider of consulting and engineering services that is focused on water, environment and sustainable infrastructure. It provides solutions to complex problems by Leading with Science to address the entire water cycle, protect and restore the environment, design sustainable and resilient infrastructure, and support the clean energy transition. It operates through two segments: Government Services Group (GSG) and Commercial/International Services Group (CIG). Its GSG segment provides consulting and engineering services primarily to United States (U.S.) government clients and international development agencies worldwide. CIG segment primarily provides consulting and engineering services to U.S. commercial clients and international clients that include both commercial and government sectors. Its CIG segment also provides sustainable infrastructure and related environmental, engineering and project management services to commercial and local government clients.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.